Constellium (NYSE:CSTM) Sets New 12-Month Low – Time to Sell?

Constellium SE (NYSE:CSTM) reached a new 52-week low during trading on Friday . The company traded as low as $8.45 and last traded at $8.64, with a volume of 166 shares trading hands. The stock had previously closed at $9.14.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Constellium currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

Constellium Stock Down 7.7 %

The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 26.38 and a beta of 1.64. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The firm’s 50 day simple moving average is $10.59 and its 200-day simple moving average is $11.80.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.47). Constellium had a net margin of 0.67% and a return on equity of 4.83%. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.69 billion. On average, sell-side analysts anticipate that Constellium SE will post 1.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. 111 Capital acquired a new position in shares of Constellium during the 4th quarter worth $113,000. Jefferies Financial Group Inc. acquired a new stake in shares of Constellium during the 4th quarter valued at approximately $2,384,000. Public Employees Retirement System of Ohio grew its holdings in shares of Constellium by 11.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 246,279 shares of the industrial products company’s stock worth $2,529,000 after acquiring an additional 25,580 shares during the period. PharVision Advisers LLC purchased a new position in Constellium in the 4th quarter valued at approximately $168,000. Finally, Voloridge Investment Management LLC raised its holdings in Constellium by 80.8% during the fourth quarter. Voloridge Investment Management LLC now owns 1,529,818 shares of the industrial products company’s stock worth $15,711,000 after purchasing an additional 683,876 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Constellium Company Profile

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.